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GetBusy88
Mar 2, 2014 2:08 AM

USD: In a precarious position Short

US DOLLAR CURRENCY INDEXINDEX

Description

- Closes the week below up trend line from 2012 and the 200WMA.
- MACD giving negative cross
- H&S formation with the neckline @78.60.

- Fundamentally the real question is was the weather really to blame for all of that bad data and will super dove Yellen continue to taper in the face of a softening economy?
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